Investment Banker

This is my first online forum post so apologies but I want to be an Investment Banker. I want to work with colleagues to drive sales and work with clients in a challenging environment. I want to work at Goldman and Sachs, or Morgan Stanley
My questions are: 

1) How will I win clients such that banks such as Goldman and Sachs or Morgan Stanley will actively recruit ME rather than me actively recruiting THEM.

2) How do I improve my networking hit-rate. So far, since I’m from NYC, I have worn a suit and taken the train down to Wall Street. At Wall Street, I will either walk around the Raging Bull statue in Bowling Green to look for Investment Bankers, or I will go to fast casual restaurants to look for them. I do this because I am clever and know Investment Bankers are busy such that they only have time to go to fast restaurants, but not fast food since they are healthier. So I have been going to Chipotle and Sweetgreen and such. So far I have found and spoken to 3 investment bankers in such manners which is surprisingly low for Wall Street. Most of the well dressed people I approach work at insurance companies or the stockholder exchanges. The ones that I have spoken to have been kind but have not offered me a job or invited me into the office to meet the Investment Banker Team.

 
  1. Unless you are the top client’s son else there’s practically no way rot top firms to actively recruit you at the junior level
  1. I would advise against going to sweetgreen talk to bankers — yes they do go there for lunch, but usually they want to grab a quick bite and go back to their desks to work. I for one would not have the time to sit down for a 30 min unplanned convo when I’m at a sweetgreen line. If you do live close to wall street, look at the banks near there like GS/RBC, cold email analysts and associates, note that you live nearby and ask for scheduled coffee chats. You will have a much higher success rate and leave a better impression.
 

The way I see it however, is like pro sports or college sports, the coaches want to go after the top talent. As such, I want the Investment Bankers to go after ME instead of me going after THEM. Sometimes you have to turn thinking on its head. So how do I make friends with the top client's son? :) 

 

If the Investment Banks are not on Wall Street (which is what this website is called, and what the media calls it and such), then where are they? Perhaps I will go wherever they are most located and print out many copies of my resume, then I will stand in the lobby and hand it out to Investment Bankers.

 
Funniest

I am asking you sincerely for advice and mentorship and such. I want to become an Investment Banker at Goldman and Sachs. Where would you recommend to find Investment Banker mentors at? I have been going to lunch places such as Cava, Chipotle, Sweetgreen to some success and the Raging Bull statue obviously (I figured a lot of Investment Bankers would go to reminisce and admire the statue in their free time) but perhaps I should try the outside areas of Stockholder Exchanges or perhaps a fancy tailor such as Jos. A. Banks. 

 

would highly recommend waiting in the bathroom of chipotle near wall street. Chipotle will make them use bathroom more frequently, therefore increasing your hit rate. For a faster convo, wait in the tall stall so you have a convo with a short king who overcompensates for his height and is more likely to spill the beans. For a longer, more meaningful conversation, wait in the stall and then pass a note written on the toilet paper via under the stalls. This is how the Warren buffet the CEO of Amazon got his first job.

 

don't know if this is a troll or just some Indian national hoping to work on Wall Street

 

Saepe asperiores est ut rerum saepe. Odit optio earum nam dolores. Voluptas autem ea omnis sit et eaque at. Laboriosam tempore facilis exercitationem non ipsam. Consequatur aut provident impedit voluptate nemo rerum consequatur. Odit dolorem molestiae repudiandae et veritatis autem expedita.

 

Corrupti laudantium dignissimos illum quis tempore eos. Labore tenetur cupiditate numquam. Aut dignissimos quos at fugiat.

Dolorum reiciendis temporibus aliquid ipsa. Mollitia architecto doloribus voluptatem modi. Ea vitae quo et fugit aut. Iusto laudantium veniam eaque possimus.

Sint ipsum quam velit aut velit officiis fugit. Necessitatibus veniam id qui non rerum perspiciatis. Consequatur saepe aspernatur nihil velit.

Rerum quas quis saepe aut molestiae laudantium corrupti ut. A officia veniam sed totam qui blanditiis repudiandae. Doloribus ut aut et repellat rerum quasi. Deleniti est voluptates autem consequuntur. Unde modi assumenda ea exercitationem sed animi nam.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”